Wednesday, 1 April 2015
Last updated 13 min ago
Feb 15 2007 | 2:24pm ET
The RBC Hedge 250 Index, an investable benchmark composed of 250 funds, returned 1.18% in January, RBC Capital Markets announced today. That figure trailed both the finalized December return of 1.4% and the Standard & Poor’s 500, which was up 1.51% last month.
As other indices have show, January was a good month for event-driven funds. The RBC mergers & special situations index rose 2.55% in January. Strong performances were also turned in by convertible arbitrage (1.9%), multi-strategy (1.84%) and managed futures (1.65%). On the other end of the spectrum, both fixed-income arbitrage (0.1%) and macro (0.3%) were essentially flat.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…